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    Question

    β€˜P’ and β€˜Q’ invested Rs. 900 and Rs. 750

    respectively in a business. After 6 months, β€˜P’ increased his investment by Rs. 150 while β€˜Q’ decreased his investment by Rs. 100. If at the end of 12 months, the total profit is Rs. 62400, then what will be the difference between their shares of profit?
    A Rs.10,240 Correct Answer Incorrect Answer
    B Rs.15,240 Correct Answer Incorrect Answer
    C Rs.21,240 Correct Answer Incorrect Answer
    D Rs.29,240 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ,

    Ratio of profit share of β€˜P’ to β€˜Q’ = [900 Γ— 6 + (900 + 150) Γ— 6] : [750 Γ— 6 + (750 – 100) Γ— 6]

    = (5400 + 6300) : (4500 + 3900)

    = 11700 : 8400

    = 39 : 28

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